Second, I also write in my PPM's for my clients that "NO RETURNS ACCRUE" while money is in escrow and NOT in a property.

Bill Gulley-I have my clients use an investor qualification form that asks very specific questions of the potential investor.

.- Partner is doing cash out refinance in his own name and I am helping him gather his paperwork for the bank.

Some of my clients will set a certain amount of liquid capital aside for the flips and then instead of buying little houses for rentals for taxes and cash flow they will look at buying multifamily properties.

The struggle will be getting clients.

I recommend to my investor clients that they talk to a lender or mortgage broker to get pre-qualification, or better yet pre-approved, before they submit a purchase agreement.

I've been on BP under the radar for about 6 months, gathering a wealth of information from the blogs mostly, via Twitter, as well as the amazing podcasts.

I look for clients and myself day in and out and 90% of properties out there are overpriced and the sellers numbers are crap.

CL and Trulia are included but at least you only post once instead of multiple times to get to multiple sites.I have gotten two clients by using Postlets and one by a yard sign.

An experienced LO, will hear the client answer and will flush out the material facts.